Rising Sun at a glance
- Population: 2,228, the 186th-largest community in Indiana out of 565 (US Census Bureau, Vintage 2023).
- 2020 Census base: 2,234 people (US Census Bureau, 2020 Census count).
- 2020 to 2023 change: about 0.3% below the 2020 Census base (US Census Bureau).
- Rank among Indiana places: the 186th-largest of 565 (US Census Bureau, 2023 estimate).
- Size percentile: larger than about 67% of the Census places in Indiana (US Census Bureau).
- Coordinates: 38.9537 / -84.8533, per the US Census Bureau Gazetteer.
- Nearest larger cities: Aurora, IN (8 mi); Union, KY (10 mi); Lawrenceburg, IN (11 mi); Florence, KY (11 mi); Greendale, IN (13 mi); US Census Bureau population estimates.
- Nearest smaller towns: Patriot, IN (8 mi); Dillsboro, IN (12 mi); Warsaw, KY (12 mi) — US Census Bureau populations.
What a personal loan costs in Rising Sun
A personal loan hands you a single sum and a repayment schedule of equal monthly installments over an agreed term.
APR is the figure that lets you compare like with like, since it wraps fees into the rate; run your own numbers with the personal loan calculator.
Because interest accrues for longer, a longer term means a lower installment and a higher total cost — decide which matters more to you.
A payment that strains the budget is a warning sign; a smaller loan or a little more saving time is the safer route.
Indiana lending rules that apply in Rising Sun
The table lists the Indiana rules that apply to a loan made in Rising Sun, each with the regulator that published it.
| Rule | Detail | Source |
|---|---|---|
| Small-loan size limit | $825 maximum aggregate small-loan principal per borrower Source says: "Lenders cannot have loans ... outstanding with you at any one time if the aggregate principal amount/amount financed exceeds $825". | Indiana Department of Financial Institutions as of 2026-09-16 |
| Maximum legal interest rate (usury cap) | See the latest published figure value_text left null: Indiana Code IC 24-4.5-3-508 sets tiered maximum loan finance charges for supervised loans; the official code site renders client-side and the figure could not be confirmed from a fetched page, so no figure is asserted. | Indiana General Assembly (Indiana Code) as of 2026-09-16 |
| Payday lending status | Permitted under license (small loans); finance charges capped at 15% of the first $250 (tiered above) Source says: "Finance charges on the first $250 of a small loan are limited to 15% of the principal". | Indiana Department of Financial Institutions as of 2026-09-16 |
| Small-loan / installment lender licensing | Small Loan License required (IUCCC; separate Consumer Loan License for IC 24-4.5-3 loans) Source says: "unless a person is a supervised financial organization or has first obtained a small loan license from the Department of Financial Institutions (DFI)". | Indiana Department of Financial Institutions as of 2026-09-16 |
| State lending regulator | Indiana Department of Financial Institutions (DFI), Consumer Credit Division Source says: "The industries regulated by the Consumer Credit Division are: non-depository small loan ("payday") lenders; traditional installment lenders". | Indiana Department of Financial Institutions as of 2026-09-16 |
How to compare offers in Rising Sun
A few practical steps will make the process in Rising Sun less costly:
- Pull your free credit reports and dispute any error — it is the cheapest way to improve the rate you are offered.
- Run your figures through the personal loan calculator on this site so you know the payment before a lender quotes one.
- Pre-qualify with at least three lenders and compare the APR, not the interest rate.
- Check that the lender is licensed in Indiana using the regulator named above.
- Read the disclosure for origination fees and any prepayment penalty before you sign.